02.05.2014 Views

WEF_GrowAfrica_AnnualReport2014

WEF_GrowAfrica_AnnualReport2014

WEF_GrowAfrica_AnnualReport2014

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Forward Look<br />

Forward Look<br />

FORWARD LOOK<br />

Investment and Partnering Opportunities<br />

PRIORITIES FOR PROGRESS<br />

Alignment and coordination will ensure new<br />

and existing partnerships bear fruit<br />

Whilst greater efforts to step up coordination between<br />

government agencies and with the private sector<br />

are anticipated, there is also a need to improve<br />

alignment amongst various initiatives and to ensure<br />

complementarity rather than duplication. In this<br />

respect, priorities for the year ahead include:<br />

•¡<br />

strengthening MOFA’s Agribusiness Development<br />

Division, including building capacity and coordination<br />

with the GIPC and formulating an internal strategy<br />

for how to respond to investment opportunities;<br />

•¡<br />

commencing annual mapping of interventions<br />

against METASIP to identify gaps;<br />

•¡<br />

addressing postharvest challenges for preservation<br />

and value addition along the value chain;<br />

•¡<br />

consideration of lower-cost and improved-access<br />

energy alternatives to support processing and<br />

transformation units;<br />

•¡<br />

improving road infrastructure for better access to<br />

markets, with the possibility of PPP and/or matching<br />

grants;<br />

•¡<br />

facilitating private-sector access to information on<br />

investment and finance opportunities, initiatives,<br />

and providing support to the PEF for establishing an<br />

electronic database;<br />

•¡<br />

development by GCAP of model lease agreements to<br />

guide both investors and landowners in negotiations,<br />

with provision of support for the formulation of a<br />

national framework for out-grower and contract<br />

farming arrangements;<br />

•¡<br />

promoting services offered by facilities such as the<br />

EDAIF and OVCF, reforming venture capital, and<br />

exploring the possibility of establishing a farmers’<br />

pension scheme;<br />

•¡<br />

fostering economically sustainable development of<br />

agricultural value chains in conjunction with efforts to<br />

advance the growth of established investment zones,<br />

such as SADA and South East Volta; and<br />

•¡<br />

following through on MOFA’s plans already underway<br />

to hold a roundtable conference in 2014 with a<br />

focus on local investors and exploring opportunities<br />

in Ghana, building on the efforts of MOFA’s<br />

Agribusiness Development Division and GCAP.<br />

The following investment opportunities have been<br />

identified by the Government of Ghana:<br />

Prospects in pilot integrated value chains<br />

Openings exist for investors interested in furthering the<br />

development of maize and soya value chains integrated<br />

with poultry in Ghana’s ecological region designated as<br />

the Transitional Zone.<br />

Contact: Emmanuel Asante Krobea,<br />

Director Crop Services | krobeasant@yahoo.com<br />

Scope for partnerships in<br />

commercial agriculture<br />

The Government of Ghana has engaged the World<br />

Bank and USAID in supporting the previouslymentioned<br />

GCAP agricultural development project.<br />

The project comprises three components, with the<br />

first focused on improving the overall investment<br />

climate for agricultural development in Ghana<br />

(including strengthening investment promotion<br />

infrastructure, facilitating secure access to land, and<br />

project management). Efforts under this component<br />

are aimed at clarifying and strengthening the rights<br />

and obligations of investors, government and affected<br />

communities. They will also help facilitate access to<br />

land by reducing search costs to potential investors<br />

through the expansion of a database of suitable<br />

landholdings (the “Land Bank”), and by building on<br />

emerging mechanisms for appropriately matching<br />

potential investors with landowners.<br />

The second and third components are focused on<br />

forging PPPs and smallholder linkages in the SADA<br />

and Accra Plains regions. These components will<br />

provide support for facilitating private investments<br />

through PPPs in inclusive commercial agricultural<br />

arrangements, complementary public investments, and<br />

technical assistance.<br />

Contact: Alabi Bortey,<br />

Coordinator GCAP | alabibortey@gmail.com<br />

General point of contact for investments<br />

Investors interested in learning more about<br />

opportunities in Ghana’s agribusiness sector should<br />

contact:<br />

Ghana Investment Promotion Centre |<br />

+233 302 665125(-9) | info@gipcghana.com<br />

In March 2013, SAB Miller launched Eagle, a cassava beer, in Ghana, and expects to source from over a 1000 smallholders.<br />

80<br />

Ghana<br />

Ghana<br />

81

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!